| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| BlackRock, Inc. | 17% | $258,532,309 | 4,681,860 | BlackRock, Inc. | 30 Jun 2025 |
As of 31 Dec 2025, 284 institutional investors reported holding 19,360,526 shares of INNOVATIVE INDUSTRIAL PROPERTIES INC - Common Stock (IIPR). This represents 69% of the company’s total 28,035,090 outstanding shares.
The largest institutional shareholders of INNOVATIVE INDUSTRIAL PROPERTIES INC - Common Stock (IIPR) together control 57% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 17% | 4,736,302 | +1.8% | 0% | $224,311,273 |
| VANGUARD GROUP INC | 15% | 4,269,947 | +0.1% | 0% | $202,224,690 |
| STATE STREET CORP | 5.7% | 1,605,155 | -0.46% | 0% | $79,022,478 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.9% | 540,742 | +4.6% | 0% | $25,609,541 |
| GOLDMAN SACHS GROUP INC | 1.8% | 509,124 | +26% | 0% | $24,112,120 |
| Invesco Ltd. | 1.8% | 493,507 | +12% | 0% | $23,372,492 |
| D. E. Shaw & Co., Inc. | 1.7% | 473,046 | +22% | 0.02% | $22,403,458 |
| NORTHERN TRUST CORP | 1.3% | 353,313 | -2.3% | 0% | $16,732,904 |
| DIMENSIONAL FUND ADVISORS LP | 1.2% | 350,367 | +4.9% | 0% | $16,593,381 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1.2% | 322,678 | +6% | 0.02% | $15,282,030 |
| MORGAN STANLEY | 0.93% | 259,534 | -17% | 0% | $12,291,574 |
| MILLENNIUM MANAGEMENT LLC | 0.89% | 250,053 | +129% | 0.01% | $11,842,510 |
| AlphaCore Capital LLC | 0.76% | 214,282 | +1.4% | 0.23% | $10,148,382 |
| Bank of New York Mellon Corp | 0.7% | 195,040 | -43% | 0% | $9,237,083 |
| Legal & General Group Plc | 0.69% | 193,926 | +13% | 0% | $9,184,336 |
| Point72 Asset Management, L.P. | 0.66% | 184,617 | +235% | 0.01% | $8,743,461 |
| PRINCIPAL FINANCIAL GROUP INC | 0.66% | 184,039 | +10% | 0% | $8,716,087 |
| JPMORGAN CHASE & CO | 0.59% | 166,226 | +10% | 0% | $7,872,464 |
| Thrivent Financial for Lutherans | 0.51% | 142,325 | +5.7% | 0.01% | $6,741,000 |
| Edgestream Partners, L.P. | 0.45% | 126,158 | +137% | 0.17% | $5,974,843 |
| Pacer Advisors, Inc. | 0.41% | 115,965 | -20% | 0.01% | $5,492,102 |
| LSV ASSET MANAGEMENT | 0.39% | 109,300 | -1.3% | 0.01% | $5,176,000 |
| PUBLIC SECTOR PENSION INVESTMENT BOARD | 0.35% | 97,106 | -11% | 0.02% | $4,598,940 |
| NORGES BANK | 0.34% | 94,400 | 0% | $4,470,784 | |
| Nuveen, LLC | 0.33% | 92,361 | -1.8% | 0% | $4,374,217 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 19,360,526 | $919,946,239 | +$35,711,315 | $47.36 | 284 |
| 2025 Q3 | 18,630,962 | $1,001,853,539 | -$30,764,517 | $53.58 | 302 |
| 2025 Q2 | 19,227,043 | $1,064,851,553 | -$20,849,129 | $55.22 | 305 |
| 2025 Q1 | 19,618,033 | $1,064,800,309 | -$29,774,456 | $54.09 | 324 |
| 2024 Q4 | 19,961,160 | $1,333,696,788 | -$103,800,917 | $66.64 | 353 |
| 2024 Q3 | 19,870,810 | $2,677,412,752 | +$29,449,186 | $134.60 | 411 |
| 2024 Q2 | 19,699,513 | $2,154,863,802 | -$5,480,102 | $109.22 | 391 |
| 2024 Q1 | 19,639,240 | $2,036,159,609 | -$12,213,280 | $103.54 | 372 |
| 2023 Q4 | 19,771,295 | $1,996,425,749 | +$58,735,358 | $100.82 | 359 |
| 2023 Q3 | 19,205,161 | $1,456,108,499 | -$9,192,290 | $75.66 | 328 |
| 2023 Q2 | 19,318,919 | $1,413,800,405 | -$71,551,207 | $73.01 | 321 |
| 2023 Q1 | 20,627,718 | $1,570,214,481 | -$41,844,554 | $75.99 | 337 |
| 2022 Q4 | 21,120,117 | $2,143,913,413 | +$52,549,705 | $101.35 | 355 |
| 2022 Q3 | 20,665,639 | $1,832,241,568 | -$70,583,356 | $88.50 | 318 |
| 2022 Q2 | 20,927,178 | $2,300,903,877 | +$159,286,287 | $109.87 | 376 |
| 2022 Q1 | 18,853,025 | $3,871,868,917 | +$84,162,981 | $205.40 | 421 |
| 2021 Q4 | 18,377,842 | $4,830,926,926 | -$15,332,831 | $262.91 | 443 |
| 2021 Q3 | 18,437,284 | $4,264,700,921 | +$67,219,888 | $231.17 | 421 |
| 2021 Q2 | 18,178,265 | $3,476,604,877 | -$86,037,372 | $191.02 | 404 |
| 2021 Q1 | 18,654,043 | $3,361,792,443 | +$96,015,220 | $180.16 | 393 |
| 2020 Q4 | 18,042,659 | $3,305,162,749 | +$284,775,992 | $183.13 | 391 |
| 2020 Q3 | 16,645,039 | $2,066,880,016 | +$79,660,568 | $124.11 | 313 |
| 2020 Q2 | 16,198,305 | $1,427,055,518 | +$276,023,530 | $88.02 | 273 |
| 2020 Q1 | 13,080,207 | $990,706,370 | +$334,367,676 | $75.93 | 247 |
| 2019 Q4 | 8,653,391 | $656,987,375 | +$22,843,030 | $75.87 | 228 |
| 2019 Q3 | 8,108,000 | $749,225,047 | +$151,210,304 | $92.37 | 222 |
| 2019 Q2 | 6,355,747 | $784,855,969 | +$66,762,029 | $123.56 | 223 |
| 2019 Q1 | 5,982,722 | $489,016,054 | +$63,664,393 | $81.69 | 198 |
| 2018 Q4 | 5,288,771 | $240,105,540 | +$113,872,517 | $45.39 | 124 |
| 2018 Q3 | 2,760,669 | $133,172,848 | -$26,519,348 | $48.24 | 97 |
| 2018 Q2 | 3,415,260 | $124,995,763 | +$16,352,795 | $36.62 | 65 |
| 2018 Q1 | 3,104,774 | $83,070,091 | +$57,582,141 | $26.75 | 53 |
| 2017 Q4 | 664,200 | $21,364,010 | +$5,808,943 | $32.30 | 33 |
| 2017 Q3 | 300,905 | $5,627,000 | +$144,098 | $18.70 | 18 |
| 2017 Q2 | 294,014 | $4,924,000 | -$864,717 | $16.75 | 11 |
| 2017 Q1 | 344,224 | $5,872,000 | +$900,489 | $17.05 | 17 |
| 2016 Q4 | 284,104 | $5,164,000 | +$5,164,000 | $18.17 | 16 |
| 2016 Q2 | 0 | $0 | -$97,000 | $48.49 | 0 |
| 2016 Q1 | 1,211 | $97,000 | $80.10 | 1 |